New York Mortgage Trust, Inc. (NYMT)
NASDAQ: NYMT · IEX Real-Time Price · USD
5.95
+0.08 (1.36%)
May 31, 2024, 4:00 PM EDT - Market closed
New York Mortgage Trust Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for NYMT stock have an average target of 8.00, with a low estimate of 6.00 and a high estimate of 11. The average target predicts an increase of 34.45% from the current stock price of 5.95.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NYMT stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 4 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $7.5 → $6 | Hold | Maintains | $7.5 → $6 | +0.84% | May 8, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $8.5 → $7 | Hold | Maintains | $8.5 → $7 | +17.65% | May 3, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $15 → $11 | Strong Buy | Reiterates | $15 → $11 | +84.87% | Mar 25, 2024 |
| UBS | UBS | Hold Initiates $8.5 | Hold | Initiates | $8.5 | +42.86% | Dec 6, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $20 → $15 | Strong Buy | Maintains | $20 → $15 | +152.10% | Aug 14, 2023 |
Financial Forecast
Revenue This Year
100.31M
from 198.87M
Decreased by -49.56%
Revenue Next Year
119.76M
from 100.31M
Increased by 19.39%
EPS This Year
-0.14
from -0.99
EPS Next Year
0.57
from -0.14
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 103.8M | 138.6M |
| Avg | 100.3M | 119.8M |
| Low | 95.8M | 100.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -47.8% | 38.2% |
| Avg | -49.6% | 19.4% |
| Low | -51.8% | 0.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.74 | 0.85 | 0.72 |
| Avg | -0.14 | 0.57 | 0.70 |
| Low | -0.73 | 0.25 | 0.68 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 26.8% |
| Avg | - | - | 23.2% |
| Low | - | - | 18.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.